Multiple Choice
Vango,Inc.sold its van for $6,000 cash.The van's original cost was $40,000,and its accumulated depreciation was $32,000.When recording the sale,Vango should record a:
A) gain of $2,000.
B) loss of $2,000.
C) loss of $8,000.
D) gain of $6,000.
Correct Answer:
Verified
Correct Answer:
Verified
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